The US reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit. Global oil consumption should exceed output by 100,000 barrels a day in 2025, according to […]
Data source: Bloomberg Finance, L.P. Note: Price curves as of November 21, 2024. Dotted lines represent forward prices. LNG=liquefied natural gas; Asian LNG=the JKM price benchmark (representing spot and forward LNG prices in Japan, South Korea, Taiwan, […]
Countries realize that the West is abusing the global mechanisms it established, the Russian foreign minister has said The BRICS group of countries does not aim to divide the world, but instead advocates for a […]
The rebuke comes after the Ukrainian leader criticized a Brasilia-backed roadmap to end the conflict with Russia Ukraine should heed Brazil’s advice about seeking peace in the conflict with Russia, the president of the South […]
Daily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even […]
Brazil leads the G20 in renewable electricity generation with 89% of its power coming from renewable sources, primarily hydro, solar, and wind. Canada and Germany follow Brazil with 66% and 58% of their electricity generated […]
Rising oil production in the US, Guyana, and Brazil is challenging OPEC’s ability to reverse its output cuts. The EIA forecasts that global oil supply will fall short of demand in the second half of […]
About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in […]
Brazil’s prosperity hinges on its capacity to harness the foundational element of any economy: energy. However, for millions of Brazilians, the path to economic advancement is complicated by the hypocritical “green” agendas of leaders in […]
Raw materials are the great overlooked in the global technological competition. In 1992 the father of China’s economic revolution, Deng Xiaoping, said that ‘the Middle East has the oil, but China has the rare earths’. […]
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